Collaborative FAQ 11: What Will Happen With the Finances?

SJSP Collaborative Logo_SmallQuestion 11. I know that each parish has its own Finance Council, which is responsible for the financial activities of the parish. What will happen to our Finance Council, and our finances, when we begin our Parish Collaborative?
St. John’s and St. Paul’s will continue to have two separate Finance Councils. Each parish will maintain its own identity (its own name, its buildings, its canonical rights) and this extends into the financial realm. Each parish will continue to have its own bank accounts, its own books, its own financial assets, and its own financial obligations. Common costs of the Collaborative between St. John’s and St. Paul’s (such as staffing and shared programs) will be shared between the two Parishes. Although the Finance Councils and our financial assets and liabilities will remain distinct, members of the Finance Councils will have to work together to support the mission of New Evangelization. Direction for this mission will come over time from our Pastor.

We welcome your comments and feedback. Please email your questions or comments about Parish Collaboratives to – stjohn.stpaul@gmail.com

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